Section 13DL(2)
CIGA 2020
Corporate Insolvency and Governance Act 2020 · United Kingdom
If the company disposes of goods in the possession of the company under a hire-purchase agreement otherwise than as authorised by paragraph (1)— the company commits an offence, and any officer of the company who without reasonable excuse authorised or permitted the disposal commits an offence.
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Source: legislation.gov.uk · retrieved 2026-09-04